Kathmandu — The government has brought an early end to Himalayan Reinsurance’s management of the Foreign Employment Insurance Pool, awarding the responsibility instead to the state-owned Nepal Reinsurance Company as part of its policy to strengthen public-sector enterprises. The...

Kathmandu — The Nepal Insurance Authority has begun reviewing the implementation of the Risk-Based Capital (RBC) framework, two years after its rollout, as it prepares to refine the system based on industry feedback and practical experience. To support the...

Kathmandu — A growing leadership void is casting a shadow over Nepal’s insurance sector, with six insurers across the life, non-life, reinsurance and microinsurance segments continuing to operate without permanent chief executive officers. The lack of executive leadership has...

Kathmandu — Life insurance companies in Nepal collected Rs 107.72 billion in renewal premiums during the first nine months of the current fiscal year 2025/26(2082/83), marking a 9.56% increase from Rs 98.32 billion recorded in the corresponding period of...

Kathmandu — The Nepal Rastra Bank (NRB) has unveiled a series of regulatory and structural reforms through its Monetary Policy for FY 2083/84, aimed at making the country’s financial system more resilient, efficient and customer-centric. The policy introduces measures...

Kathmandu – Shikhar Insurance has appointed Asmi Shrestha as its new Brand Ambassador, adding a fresh and inspiring face to represent the company’s values and vision. The company said Asmi’s confidence, ambition, and excellence reflect its commitment to encouraging young...

Kathmandu – Nepal’s 14 life insurance companies spent a combined Rs 5.1798 billion on employee benefits during the first nine months of FY 2025/26, according to their third-quarter financial statements. The expense, which includes salaries, allowances, bonuses and other...

Kathmandu – Nepal’s microfinance sector is coming under increasing financial strain as a growing number of lenders struggle to meet regulatory capital requirements, raising concerns over their ability to sustain future lending. According to data published by the Nepal...

Kathmandu – Himalayan Life Insurance Limited has announced a reshuffle in its board of directors, with four directors stepping down and two new members appointed to fill the vacancies. Founder shareholders’ representative Saurabh Duggad and public shareholders’ representatives Pramila...

Kathmandu – Nearly a year after the position fell vacant, the government has yet to appoint a chairperson for the Nepal Insurance Authority, with the selection process appearing to have ground to a halt. Although around 50 individuals submitted...